BTCUSD Uptrend Rally!

BTC is currently rallying to wave 3 on the 1hr chart. On the chart, wave 2 hit bottom at 7155 at the .382 levels and is currently rallying to wave 3 which might be around 8900USD. Wave 4 is expected to retrace between 7,900-8,200 USD before completing its wave 5 around 9000-9400 USD which is at 618 fib level of the previous ATH .

I took a trade at 7400 USD.

Targets:
1) 8900 USD
2) 9000-9400 USD

It is expected to retrace after wave 5.

Trade with caution!

Order storniert:
The expected Elliott Wave might have been cancelled since wave 4 went into wave 1's zone.